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<br /> fellh JuBament eould►�aaut!In/oAelluro ot the Properiy or otbeiwise matetlnpy tmpatr tho Ilen area��'ti�ls 8ocurlty Inatrument ar Lender'o --�-- ',...t:,^;;;;�'_:: "`
<br /> -� - -� -"- aaaurity inter�iai. Bonowi�n�t cura 6vch a datauR and relnetate,ae provlded In pereQmph 18, by cuuslnA tho acUon or proeoudlnp to bo � _ ;�.��;`:
<br /> dlamiened wkM n�uAnp thet,in Landor's pood talth doterminatlon,pracludos tor(efture of tho Borrowor's Intereat in tho Property or athor matertal � ;
<br /> Imp�irment of tho Iinn crantod by thie 9flcurity Instnamont or londar's socudry Intereat. Borrawer shatl nlao bo In detault It Bartower,dudn{�tho , . � � , „ •�;_
<br /> ' loan appitcadoe proeeos,geve metertally fniso or inaceumte intormation or atatamenta to Lender(or taAed to provide Lender wfth any mntedal . _ ,—
<br /> UtamuiYon)in eonnucUon wfth the ioan evidenced by the Note, lneludtng,but met[mEed to,�eprosentatlona conaeminp 8orroweYs ocaupnncy ot • _
<br /> the Property as n pdnclpal reaidence. it this Seeu�ity�nstrument is on a ta7�sot�e'd.Bosrower sAe�t eompy with all the provlslons of the Ieaso. �+ ,
<br /> H Borrower acqulrea tee titie to the RroperRy,tPeo Isaseho'd eu�d tho 4¢a titfo oPeall c�ot er��rge acetess lee�der�oreQS to the merger in writing,
<br /> - 7. P�oteetion �rf dsndor'a ff�Q�6aY�ia� Qh�a �Qas�oe8�, B Borrower faUs to perPam the covmwe�ts an�agreementa contat.�od _ .-----. .. . _
<br /> � in this Saeurity Insuueneat,or there Is u te�at proeoeding that may slgntfteonUp aYtrast l@�der's dgAYa fn tho R�eQ¢�¢y(s�eP�as a proeeoding ,
<br /> '' in ksntcruptcy,pmha4o.4or eondemnaUon ar fortelture or to eniorce{�ws or r¢gulatEons),then Le�nder nay do and Bay toe whatev¢r is necrossary .
<br /> to pro4ecZ th�vr�e o4 the Propvriy and lender'e dghts U the 6�roperty. Lender's a�Uons may Inetus9e paying any suma seeured my c�L'ea wh(ch
<br /> . , has pd�riFp over this S�curity Instrumgnt,appeadng in court,paying reasoneble attomeys'fees and entet(ng on tfie PropeRy to make repates.
<br /> • , Aithough l.ender msy take actlon under lhis pe�agraph 7,Lender does not have lo do so.
<br /> ' My emounts disbu�sed by Lender under this paragraph 7 sheil become additionai debt ot Borrower secured by thia Securily Instrumen4.
<br /> Unlesa Borrower and Lendor agree to olher tetms ai payment,these amounts shall bear Intereat from the date of disburaement at the .
<br /> Note rate and ahail be peyable, with interost upon notics irom Lender to 9orrower requestlng payment i
<br /> •� �' ' 8. Mortgage Insuranco. It Lender required mortgage inauranae as a condidon ot matdng the Ioan aecured by this Sscurity Inatrument.
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<br /> � ' .''•;�;�1� 8ortower ahaU pay the premluma requlred to malnta;n tho mortgage inaurenee In ettect. fl,for any reason,the moftgage inaurence coverage .' •
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<br /> r�. ,��. required by Lender lepses or ceases to be in eftect,8orrower shall pay the premiums requtred to obtain coverago substanUaily equMaient to the
<br /> ' ,c,.,:; mortgage insurance previousy in eftect,at a coat substantially equivaient to the cost to Bo►rower oi the mortgnge msurance previously In etfeat, , _
<br /> ����' ,'�� from an sltemate mortgage ineuror approved by lender. It substantially equlvalenY mortgage insurance cova�ga Is not avallable, �ortower shell pay � •''�! . ,
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<br /> "'�;�;;t . to Lender eaeh month a sum egua��to�ne-twelRh ot the yeady mortgage Inaurance premium b2infl paid by B�rrower when�'he Insurance coverege �� �•.�.� : �•,; .��
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<br /> • ' lapsed or ceased to ba 1n effect. Lender wIM accept,use and retein these payments as a lo9s reserve in Neu oT mohgago�nsumnce. Loss reserve �,�. ,:.;,�;,,,:,...
<br /> � . ' ''! psymenis may na longer be requlred,at the optbn: o'Leoder,H mortgage insurance covetage(in!he amount ar.d tor the pe�iod that lender ��,j �,�;
<br /> :�/S�•::�., �� �equkes)provided by an insurer approved by Lend�r a.3ain becomes available ancl ia obSained. Borrower shall pay the premiums requlred to ; 7;' ` ��`�..
<br /> �t�+�� � � maintaln mortgage insurnnce in etfect.or to provlde e I��s reserve,until the�equlrement tar mortgage Insurance ends in acc�rdanoe with any �", �''���.�r;���:''
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<br /> � wrdrien ugreeman4 belwAen Borrower and Lender or ap�►icable Iaw. �`��""'''�` ~
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<br /> •;�i;�;��,;. � �:;;�0, 9. Ut18�imC$8O8A. Lender or Rs agent may mAke veasonable entdes upon and+ns�ections o9 the Fropem�. LBnder shail give Bortower i :;�;�:i:;ti,,;;,4.,fi�;•
<br /> �- - n3�t�6 do ii�8 uii0 v+v'i�:.i.':��w^$^«S�MC^n o��ifyino�aasenabte cause for the InsDectlon. S.. �;��}�:.::�•�L�.�i ,
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<br /> 10. Condemnation.� Zf�z�raceeds of any award or ctaim tor damages, dlrect or consequenUal,in conneetion wfth eny condemnapon ,
<br /> ' or other teMng ot eny pert of the P►operty,or tor conveyance in Ileu of condemnaUon,are hereby assigned end shall be peid to Lender. � �
<br /> In the event of a total teking oi the Property,the proceeda shail be applied to the eums secured by th(s Securtty Instrument,whether or not S �
<br /> then due,wkh any exaees peid to Borrower. In the event ot a partia�taking ot the Property In whbh the tair market value of the Property �
<br /> � knmedfatety betore the taking is equal to or greater than the amount of the sums secured by thls Securily Instrument immediately betore the taldng, � y
<br /> unless 8orrower and Lender otherwise agree in writing, the sums aewred by tNs Security Inatrument shali be reduced by the amount ot the , ��.
<br /> - proeeeda mulUpiled by the toliowing iractton: (a)the total amount of aums eecured Immedietery betore the taking.divided by (b)the falr ma�Cet j
<br /> vatue of the Property immedlately betore the taWng. My baiance shell be pnid to BoROwer. In the event of a partlal taWng of the PropeRy In � . ,
<br /> which the tair market vaiue ot the PropeRy Immedletey betore the taWng is tess than the emount of the aums secured immedlatety before the
<br /> tafdng, un�ess Bonower and Lender othervvise agree In wrfting or uniess appliceble law otherwise provides,the proceeds shall be applied �����
<br /> � to the suma setured by this Secutity Instrument whether or not the sums are�then due. � �' �
<br /> ' � It the Property is abandoned by Bortower, or if,after noUce by Lender to Borrower that the aondemnor oitere to make an award or settle � :
<br /> a ciaim for damagea, Borrower talls to respond to Lender wrihin 30 days after the date the notiae Is gNen. Lender fa authorized to cotie�
<br /> and appty the proceeds,at ka option,eRher to restoradon or repair of the Property or to the sums secured by this Secudty insttument, � ;
<br /> whether or not then due. � •
<br /> Uniess Lender and Borrower otherwise agree in wrfting,any application of proceeda to pnc�ipai shall not extend or postpone the due .
<br /> date ot the monthy payments reterred to(n paragraphs i and 2 or change the amount of such payments. !
<br /> � 1 t. Borrower Not Reteased; Forebearance By L�nder ldot a Waiver. Extenslon of the fime for payment or moditicaUon �
<br /> of emotiizaUon of the sums secured by this Security Instrument granted by Lender to any successor in interest of Borrower shaii not
<br /> . ; operate to reiease the Iiabillly ot the orlginal Borrower or Borrower's successors in interest. Lender shaG not be required to eommence •';•�'�•�;'��
<br /> •„ proceedings against any succesaoc in Interest or refuse to extend time tor payment or otherwise modily amortization of the sums secured �
<br /> •i',';,:; � by this Securfty Instrument by�eason of any demand made by the origlnai Borcower or BoROwer's successors in inte�est. Any torbearance
<br /> by Lender in exerdsing any right or remedy shali not be e waiver of or prectude the exercise of any�ight or remedy.
<br /> . � 12. Successors and Assigns Bound;Joint and Severat Uability; Co-signers. The covenants and agreements ot
<br /> this 3ecurtty Instrument shall bind and benefit the suecessors and assigns ot Lender and BoROwer, subject to the provislons ot paragraph
<br /> 17. Borrowet's covenaats and agreements shall be Joint and several. My BoROwer who co•sfgns this Securfly Instrument but does not
<br /> exeatte the Note: (a) is co•signing thls Security Instrument only to mortgage, grant and convey that Bortower's interest in the Properly .
<br /> unde�the terms oi this Security Instrument:(b)Is not personaly obligated to pay the sums secured by this Security Instrument; and (c)
<br /> � � agrees that lender end any other Borcower may agree to extend,modily,torbear or make any accommodaUons with regard to the tertns ot �
<br /> � thts Security InsUUment or the Note without thel Bortower's consent.
<br /> 13. Loan Charges. Ii the Ioan secured by this Securfty Instrument is subject to a Iaw which sets maximum Ioan charges,and
<br /> that law is 8naily interpreted so thet the Interest or other loan charges collected or to be collected in connection with the loan exceed
<br /> the pemitted Iimits, then: (a)any such loen charge stiall be reduced by the amount�ecessary to reduce the charge to the pertnitted
<br /> .. 1 nmk•and[bl anv sums alreadv collected from Borrower which exceeded permitted�imits will 6e retunded to Borrower. Lender may choose
<br /> � to meke thia retand by reduGng the princlpei owed under the Note or by making a direct payment to HoROwer. If e refund reduces prin-
<br /> Cipai,the redaG'ia� v�iil be treated as a parllal Prepayment wfthout any prepayment charge under the Note.
<br /> �, . � � 1a. N�e�09. �y notice to Borrower provided tor in this Security��s'.�u.^^ent shall be given by detivering it or by mailing ft by frst
<br /> '�` � cl�ss �saJ urt;ess a!�,nli�bie faw requires use ot anather me=thod The coDCe stiab be dir�cted to lhe Property Address or any other address
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